Euro falls on jitters over Greece debt deal

Tokyo - The euro drifted lower in Asia on Tuesday with investors following talks between debt-hit Greece and its international creditors as Athens looks to reform its bailout obligations.

In Tokyo, the single currency slipped to $1.0790 and ¥129.69, from $1.0825 and ¥130.10 in New York, while the dollar was at ¥120.17 against ¥120.18.

Experts from the International Monetary Fund (IMF) and the European Union (EU) are scrutinising a list of reforms that Athens has proposed in its bid to get the creditors to release €7.2bn in much-needed loans that will help it avoid a default.